Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
The IEA’s supply-gap warning undercuts bullish trade-deal hopes, leaving WTI caught between two crosswinds. EIA data next week will show which force holds.
Treasury Secretary Bessent said Trump told Xi he wants to open up China, a signal that could support the yuan and risk assets if trade tensions ease.
Dollar presses JPY158, the BOJ intervention line, while EUR/USD tests $1.17 and GBP/USD $1.35. Options expiries and momentum point to breakout; US retail sales next.
A confirmed summit would lower the odds of new US tariffs, potentially squeezing offshore yuan shorts and compressing the USD/CNY spread. Xi’s reply is the next concrete catalyst.
Xi’s banquet speech framed mutual respect. State media then warned of consequences for Taiwan meddling. The 24 Sept Trump-Xi meeting now carries a geopolitical tripwire for CNH and regional FX.
Bessent's comment suggests the soybean purchases were a one-off gesture, putting the yuan's recent gains at risk and shifting focus to Brazil.
Copper flirts with $6.80/lb as AI infrastructure spending ramps. A weekly close above the multi-year ceiling would break key resistance, with China imports and US ISM as the next catalysts.
Brown Brothers Harriman sees the dollar trapped in a range, with fiscal uncertainty offsetting yield support. The next break hinges on the Treasury refunding announcement.
Ireland's HICP rose 0.5% MoM in April, beating the 0.4% forecast. The 0.1pp beat adds to signs of sticky services inflation, putting the upcoming eurozone flash HICP in focus for EUR/USD direction.
Ireland's April HICP rose 3.6% YoY, matching forecasts. The sticky print raises the risk of an upside surprise in the Eurozone HICP on April 30, which could support the euro against the dollar.
Ireland CPI MoM fell to 0.5% from 1.6% in April, hinting at eurozone disinflation. EUR/USD hinges on the Eurozone-wide CPI flash before the ECB\u2019s June decision.
TD Securities flags a less dovish Bank of Canada, narrowing the rate-cut premium priced into the loonie. Next policy decision becomes the key test for USD/CAD direction.
ECB Governing Council member Martins Kazaks said the central bank will continue to decide rates meeting by meeting, based on incoming data, reinforcing that no pre-commitment exists for future cuts.
UOB says a daily close above 0.7280 would signal a sustainable move higher, while failure keeps the pair range-bound. Next triggers: Australian jobs data, US PCE.
April's -¥10 billion yuan loan figure marks the second contraction in twelve months, raising questions about credit demand and PBOC easing. Year-to-date lending drops to ¥8.59 trillion.
The Canadian dollar held its recent range against the US dollar as a positive Trump-Xi summit and firm crude oil prices offset a steady greenback. Next catalyst: Canadian inflation data.
BBH sees yen rangebound as BoJ's hawkish shift cannot overcome dollar's yield advantage. Carry trade anchors it until US data or a bolder BoJ move breaks it.
China's new loans plunged to -10 billion yuan in April, missing the 300 billion yuan forecast, signaling a sharp credit contraction, raising pressure on the PBoC to ease.
China's April M2 rose 8.6% YoY, beating the 8.5% forecast. The liquidity beat has implications for USD/CNY and commodity currencies.
The greenback held its ground after easing US-China tensions reduced safe-haven demand. Rate differentials kept the dollar supported. Next focus: FOMC minutes.
The Strait of Hormuz handles roughly 20% of global oil shipments. The Trump-Xi pledge to keep it open removes a supply-disruption tail risk, pressuring petrocurrencies like CAD and NOK. Next test: OPEC+ and Iran follow-through.
OCBC analysts see the US Dollar Index supported on dips, yet unable to break higher, keeping DXY in a range. The next Fed commentary and data will test the boundaries.
The yen remains under pressure as markets price in a more aggressive Federal Reserve tightening path. The widening US-Japan rate differential keeps the dollar bid, with the next catalyst being the upcoming PCE inflation data.
EUR/USD stalls at 1.1700 with no directional conviction. Traders await ECB President Lagarde's tone on policy and the Trump-Xi summit's risk signal; the next move hinges on the rate differential and haven flows.
US dollar extends gains after hotter inflation, says MUFG, as markets push back Fed rate cut bets. Treasury yields jump. Next catalyst: core PCE.
GBP/EUR fell 0.08% to 1.15364 as Starmer speculation added to UK political uncertainty. Rabobank sees the pound as vulnerable. The BoE decision is now in focus.
GBP/USD consolidates losses after retreating from 1.3650 weekly highs. The pair's muted response to strong data suggests rate differentials are already priced. Next: BoE meeting.
Upbeat UK data widens the Bank of England–ECB policy gap, keeping EUR/GBP anchored near 0.8500. The next direction hinge is the UK CPI release.
Monthly services prices jumped, with restaurants up 1.2% and clothing 6.0%, signalling demand-side pressure that could delay ECB rate cuts beyond June.
ING flags a tight copper market near all-time peaks, pushing traders to rethink Australian dollar and other commodity currency exposures.